East Randolph Street » 340 on the park

Current Listings in the New Eastside neighborhood

Wed, 13 Oct 2010 20:18:58 +0000

I did a map search for all the current condos for sale in the New Eastside neighborhood, there are a total of 178 current listings, ranging from $130,500 – a studio at the 400 E Randolph to a four bedroom unit at 450 Waterside listed for $4.8M. The neighborhood including 10 buildings:

400 E Randolph – Outer Drive East Building, built in 1963

360 E Randolph – The Buckingham building, built in 1982

155 N Harbor Dr – The Harbor Point building, built in 1973

195 N Harbor Dr – The Parkshore building, built in 1992,

222 N Columbus Dr – The Park Millennium building, built in 2001,

201 N Westshore – The Lancaster building, built in 2004,

420 E Waterside – The Regatta building, built in 2007,

340 E Randolph – The Chandler building, built in 2007,

450 E Waterside – The Chandler building, built in 2008,

225 N Columbus – The Aqua building, built in 2010.

The last 5 buildings on the list along with 2 rental buildings are in a development called Lakeshore East – so Lakeshore East is within the New Eastside neighborhood.

Currently all the Aqua rental units have been rented, there are 25 units for sale, some still by the developers and some by the unit owners.

There is a park built within Lakeshore East which has a nice kids’ playgroud, a dog park and a large green area, and there are fountains throughout the park. Right now a 50,000 square feet grocery store is coming next spring and we are still looking forward to and elementary school planned for the neighborhood.

13 units closed at the 340 E Randolph – 340 on the Park

Wed, 13 Oct 2010 18:43:34 +0000

In the last 6 months, a total of 13 units closed at 340 E Randolph – 340 on the Park. This is a big number for this economy, so from here we could see that the movement of the new buildings or the buildings that have great views would sold a lot faster. The price of the units sold are range from $667,000 to $3,650,000, they are between 1 bedroom to three bedrooms units. I remember when the one bedroom unit came out, they were around $450K for the ones that facing south of the grant park, we were asking ourselves how we could fit our family into a one bedroom unit, but right now the price of the one bedroom facing south closed at $710K. That being said, if you are an investor, not only you need to find the best value, but the view, view, view is the most important. I think this is the only building where the value has held up high and is still very strong.

4 units pending at the 340 on the park – 340 E Randolph

Tue, 30 Mar 2010 16:17:26 +0000

Currently there are 4 units pending close at the 340 on the park, the 340 E Randolph building. The listing price is from $860,000 to $1,550,000. From 2 bedrooms facing north to 3 bedrooms facing south. This building is one of the best in the neighborhood, the price per square feet is higher than some of the neighborhood buildings, but from the 4 pending sales we could see that the economy is getting better. The listing prices of these units are similar to years ago, not even drop more than 5%.

Right now the grocery store is starting to built behind the 340 on the park, this will make the value of the property going up.

The most expensive to rent at the 340 on the Park – 340 E Randolph St Unit 4406

Tue, 14 Jul 2009 17:33:28 +0000

This is a three bedrooms and 2 and a half bedrooms unit with great view to the millennium park, city view and harbor. The rent price is $10,000 per month. It has been reduced to $9,000 per month, Michael Emery still has the listing, see pictures and vitural tours here.

2 bedrooms just sold at the 340 on the park! 340 E Randolph St Unit 2303

Tue, 14 Jul 2009 16:49:19 +0000

This is a nice two bedrooms unit facing south with a large balcony. This unit has great views to the city sky line, the south shore line and the millennium park, the grand park. The building features lots of the new things too. The assessment is $636 per month, which includes Water, Gas, Common Insurance, Security, Security System, TV/Cable, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal. The unit features Snaidero Cabinetry, bamboo floors, 9ft ceilings. The listing price was $1,195,000. That means it is still the same as last year.

Woman wants to jump from 340 on the Park at 340 E randolph

Kristine Chen Frost — Fri, 12 Jun 2009 01:39:31 +0000

I was on my way to pick up my kids this afternoon and noticed there are lots of police cars in front of the 340 E Randolph, then I heard that there is someone wants to jump from the building, I saw people are pointing at some high floor, since I know the building pretty well, I saw there is someone on the 25th floor, which is the common area of the building, looks like she is hanging on outside of the balcony. There are lots of people underneath of the building, I saw lots of fire trucks and police cars but no nets, or maybe they thought it would not work for people jump from that high floor. We all know that this is a very nice building, the people live there must have good and stable income. So I am not sure what is the reason for this to happen. We should all love life and enjoy our life, although we might be depressed or sad sometimes, but life could go on no matter what. So let’s hope that she could finally not jump and no one would like to do this any more.

3 bedrooms at the 340 on the Park – 340 E Randolph St Unit 3106

Mon, 18 May 2009 01:50:58 +0000

This is a three bedrooms unit facing south the grant park. This unit has 2,354 square feet, has two balconies, it has great view to the parks, the lake and the south shore line, also the city sky line.
This unit has bamboo floor, with new design kitchen and the new bath, custom window shades and integrated surround sound. Detailed info and pictures will be available upon request.

Corporate rental at the 340 E Randolph 340 E Randolph St Unit 4806

Sun, 03 May 2009 20:04:42 +0000

This is a nice three bedrooms 2 and a half bathrooms at the 340 on the park, this unit faces south, east, you will have the best view of the millennium park, the lake, the Monroe harbor and the city beautiful sky line. Everything is built by the top developer, there are bamboo floors,designer kitchen with new and customized appliances. This unit has two balconies, the Master suite includes spa like bath & walk-in-closet. This building offers the best amenities, it has a party room on the 25th floor with the great view to the city. For pictures and detailed MLS information, please contact me. The rental price is $7,800 per month.

New listing – 340 E Randolph St Unit 1606

Sat, 11 Apr 2009 00:03:29 +0000

I noticed there is a new listing at the 340 E Randolph unit 1606, this is a one bedroom unit facing the Lake shore East Park with 1,200 square feet. 340 on the park is a great building, I always dream to own an unit in this building. Now this is a chance for all of you too, the price of this unit is so low, it is asking for $469,000. This owner has changed a Realtor from a year ago as this unit was listed for over $500K for a while and now this is really some good price here! I like the designer kitchen, the bamboo floor, the floor to ceiling window, etc. Come and act quick on this deal!